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Unaudited Condensedconsolidated Statements of Operations and Comprehensive Income
¥ in Thousands, $ in Thousands
6 Months Ended
Jun. 30, 2025
CNY (¥)
¥ / shares
shares
Jun. 30, 2025
USD ($)
$ / shares
shares
Jun. 30, 2024
CNY (¥)
¥ / shares
shares
Total revenue ¥ 656,367 $ 91,625 ¥ 691,139
Cost of revenues (533,195) (74,431) (573,329)
Gross profit 123,172 17,194 117,810
Sales and marketing expenses (3,412) (476) (2,177)
General and administrative expenses (44,379) (6,195) (36,580)
Research and development expenses (36,999) (5,165) (39,061)
Provision for credit losses (1,400) (195) (1,126)
Income from operations 36,982 5,163 38,866
Change in fair value of investment in marketable security (31,092) (4,340) 3,764
Investments loss (971) (136) (3,354)
Interest income, net 996 139 2,428
Other income, net 9,072 1,266 688
Foreign exchange gain (loss), net (2,630) (367) 1,508
Income before income taxes 12,357 1,725 43,900
Income tax expense (2,608) (364) (7,673)
Net income 9,749 1,361 36,227
Less: net loss attributable to non-controlling interest (3,744) (523) (5,693)
Net income attributable to the Company’s shareholders 13,493 1,884 41,920
Other comprehensive income (loss):      
Other comprehensive (loss) income - foreign currency translation adjustment 995 139 (608)
Comprehensive income 10,744 1,500 35,619
Less: comprehensive loss attributable to non-controlling interests (3,574) (499) (5,693)
Comprehensive income attributable to the Company’s shareholders ¥ 14,318 $ 1,999 ¥ 41,312
Weighted average number of shares      
Basic (in Shares) 41,578,079 41,578,079 41,164,872
Diluted (in Shares) 41,655,404 41,655,404 41,461,415
Earnings per share      
Basic (in Dollars per share and Yuan Renminbi per share) | (per share) ¥ 0.32 $ 0.05 ¥ 1.02
Diluted (in Dollars per share and Yuan Renminbi per share) | (per share) ¥ 0.32 $ 0.05 ¥ 1.01
Live streaming - consumable virtual items revenue      
Total revenue ¥ 630,084 $ 87,956 ¥ 671,308
Live streaming - time based virtual item revenue      
Total revenue 9,258 1,292 12,516
Technical services and others      
Total revenue ¥ 17,025 $ 2,377 ¥ 7,315